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Podcast: Money Life with Chuck Jaffe
Episode: Piper Sandler's Johnson says the S&P will end the year at 6600
Description: Craig Johnson, chief market technician at Piper Sandler, says that for all of the tumult and headlines, he still believes the market shows signs that it will still reach 6600 on the Standard & Poor's 500, the level he was expecting at the start of the year. That's up by more than 15 percent from current levels. Johnson acknowledges that the voyage will remain more "noisy" than he expected, but he says conditions "are more normal than many people realize." As a result, he's almost fully invested, counting on making money by climbing the proverbial Wall of Worry. Danielle Poli, portfolio manager at...